OTCQX:PMULF - Post by User
Comment by
borne2runon Oct 22, 2014 10:59pm
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Post# 23053076
RE:RE:surprised to see the recent pullback
RE:RE:surprised to see the recent pullbackgeneraldisc wrote
There is very little market research or news available for both of these stocks so it is hard to tell what might be going on under the covers
The daily volume of the $CDN version of this REIT (RUF.UN) is about twice the volume of RUF.U.
So, the jerky trading may be due to changes in the value of the Canadian dollar and low liquidity.
Over the past month, RUF.UN has traded between $5.00 and $5.20, which is one of the narrower ranges for Canadian REITs.
The dividend for RUF.UN is paid in Canadian dollars (assuming that the shares are held in a $CDN account - broker converts $US to $CDN).